SPAH is registered with the CBE as active in: Ontwikkeling van residentiële bouwprojecten. Private Limited, started on 27 January 2006, 1 establishment.

What is the address of SPAH?

The registered office of SPAH is located at Burggraaf H. de Spoelberchdreef 6, 9831 Sint-Martens-Latem.

Is SPAH still active?

Yes. According to the CBE (2 November 2026) SPAH is active, legal situation “Normale toestand”, started on 27 January 2006.

Is SPAH registered on Peppol?

Yes, SPAH is registered on the Peppol network with ID 0208:0878965203.

What is the enterprise number of SPAH?

The enterprise number of SPAH is BE0878965203.

When was SPAH founded?

SPAH was founded on 27 January 2006.

Who are the directors of SPAH?

According to the 2026 annual accounts, the directors of SPAH are: Hendrik Vermeire, Arne Notebaert.

Is SPAH a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 27 January 2006; 4 annual accounts filed, latest fiscal year 2026; 2 directors known from the annual account; 1 events from the Belgian Official Gazette processed.

How much profit did SPAH make in 2026?

SPAH recorded a loss after taxes of € 2,050 in financial year 2026.

What is the revenue of SPAH?

As a small company, SPAH is not required to publish revenue in its annual accounts. In financial year 2026, its added value was € 154,513.

How much does an employee at SPAH earn?

The average wage cost per full-time employee at SPAH was € 51,700 in 2023: staff costs of € 51,717 for 1 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

SPAH (Private Limited) - Sint-Martens-Latem

Dossier SPAH, printed on 3 November 2026 from databakkes.be/en/0878965203/spah. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Tight liquidity NBB

Cash and receivables cover 48 % of short-term debt in 2026; threshold 65 %.

Financials

Financial year 2026

SPAH from Sint-Martens-Latem, company number BE0878965203, closed financial year 2026 with a result of € -2,050 after tax. For that financial year SPAH recorded a gross margin of € 154,513 and equity of € 355,878. Compared with financial year 2025, the result moved from € 23,588 to € -2,050. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 30, 2026.

What it is worth Healthy

€ 355,878

▼ 1% vs 2025

Assets minus debts, by the books. What is left if everything were sold and paid today. At incorporation the founders contributed € 9,200 in kind: shares or other assets, valued in the deed.

Loss Caution

€ -2,050

▼ still € 23,588 profit in 2025

Profit after tax over the fiscal year.

Cash in the bank

€ 1,358

▼ 93% vs 2025

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € 334,819.

Debts at end 2026

Bank debt ≈ 60 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 2.6 million

▲ 4% vs 2025

€ 34,736 is repaid this year. At this pace the long-term loan is gone in ≈ 60 years.

Owed to suppliers

€ 206,592

▼ 29% vs 2025

Supplier invoices still open on the last day of the fiscal year.

Taxes

€ 57,273

▼ 14% vs 2025

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2025	2026	Change 2025 → 2026
Gross margin	€ 67,758 Gross margin 2022: € 67,758 First fiscal year in the series	€ 154,723 Gross margin 2023: € 154,723 ▲ 128% vs 2022 (€ 67,758) Favourable step	€ 531,703 Gross margin 2025: € 531,703 ▲ 244% vs 2023 (€ 154,723) Favourable step	€ 154,513 Gross margin 2026: € 154,513 ▼ 71% vs 2025 (€ 531,703) Unfavourable step	▼ 71%
Profit after taxes	€ 34,936 Profit after taxes 2022: € 34,936 First fiscal year in the series	€ 66,663 Profit after taxes 2023: € 66,663 ▲ 91% vs 2022 (€ 34,936) Favourable step	€ 23,588 Profit after taxes 2025: € 23,588 ▼ 65% vs 2023 (€ 66,663) Unfavourable step	€ -2,050 Profit after taxes 2026: € -2,050 ▼ € 25,637 vs 2025 (€ 23,588) Unfavourable step	▼ € 25,637
Equity	€ 67,543 Equity 2022: € 67,543 First fiscal year in the series	€ 134,207 Equity 2023: € 134,207 ▲ 99% vs 2022 (€ 67,543) Favourable step	€ 357,928 Equity 2025: € 357,928 ▲ 167% vs 2023 (€ 134,207) Favourable step	€ 355,878 Equity 2026: € 355,878 ▼ 1% vs 2025 (€ 357,928) Unfavourable step	▼ 1%
Total debts	€ 1,080,959 Total debts 2022: € 1,080,959 First fiscal year in the series	€ 702,103 Total debts 2023: € 702,103 ▼ 35% vs 2022 (€ 1,080,959) Favourable step	€ 2,830,261 Total debts 2025: € 2,830,261 ▲ € 2.1 million vs 2023 (€ 702,103) Unfavourable step	€ 2,899,431 Total debts 2026: € 2,899,431 ▲ 2% vs 2025 (€ 2,830,261) Unfavourable step	▲ 2%
Cash	€ 91,770 Cash 2022: € 91,770 First fiscal year in the series	€ 115,728 Cash 2023: € 115,728 ▲ 26% vs 2022 (€ 91,770) Favourable step	€ 19,265 Cash 2025: € 19,265 ▼ 83% vs 2023 (€ 115,728) Unfavourable step	€ 1,358 Cash 2026: € 1,358 ▼ 93% vs 2025 (€ 19,265) Unfavourable step	▼ 93%
Land & buildings	-	-	€ 538,860 Land & buildings 2025: € 538,860 First fiscal year in the series	€ 527,614 Land & buildings 2026: € 527,614 ▼ 2% vs 2025 (€ 538,860) Unchanged	▼ 2%
Retained profit	€ 65,034 Retained profit 2022: € 65,034 First fiscal year in the series	€ 131,698 Retained profit 2023: € 131,698 ▲ 103% vs 2022 (€ 65,034) Favourable step	€ 336,869 Retained profit 2025: € 336,869 ▲ 156% vs 2023 (€ 131,698) Favourable step	€ 334,819 Retained profit 2026: € 334,819 ▼ 1% vs 2025 (€ 336,869) Unfavourable step	▼ 1%
Bank debt	€ 347,249 Bank debt 2022: € 347,249 First fiscal year in the series	€ 281,535 Bank debt 2023: € 281,535 ▼ 19% vs 2022 (€ 347,249) Favourable step	€ 2,463,630 Bank debt 2025: € 2,463,630 ▲ € 2.2 million vs 2023 (€ 281,535) Unfavourable step	€ 2,564,284 Bank debt 2026: € 2,564,284 ▲ 4% vs 2025 (€ 2,463,630) Unfavourable step	▲ 4%
Balance sheet total	€ 1,148,502 Balance sheet total 2022: € 1,148,502 First fiscal year in the series	€ 836,309 Balance sheet total 2023: € 836,309 ▼ 27% vs 2022 (€ 1,148,502) Unchanged	€ 3,188,189 Balance sheet total 2025: € 3,188,189 ▲ 281% vs 2023 (€ 836,309) Unchanged	€ 3,255,309 Balance sheet total 2026: € 3,255,309 ▲ 2% vs 2025 (€ 3,188,189) Unchanged	▲ 2%
Employees (FTE)	2.5 Employees (FTE) 2022: 2.5 First fiscal year in the series	1 Employees (FTE) 2023: 1 ▼ 1.5 vs 2022 (2.5) Unchanged	0.2 Employees (FTE) 2025: 0.2 ▼ 0.8 vs 2023 (1) Unchanged	-

Key figures of SPAH, fiscal years 2022 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.

What happened to SPAH?

What happened at SPAH in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Oct 30, 2026 New annual accounts for financial year 2026: loss of € 2,050 (▼ € 25,637 vs 2025). Source: NBB ↗
2024 Hendrik Vermeire became a director. NBB
2016 Arne Notebaert became a director. NBB
Feb 8, 2006 Incorporation, published in the Gazette. Source: Staatsblad ↗
Feb 6, 2006 New establishment in Sint-Martens-Latem. KBO

In short

From € 34,936 profit in 2022 to € 2,050 loss in 2026.

Paid € 64,415 in corporate taxes since 2022.

Best year ever: 2023, with € 66,663 profit.

On average € 154,700 of value added per employee in 2023.

Original PDFs at the National Bank ↗

Management

Hendrik Vermeire Arne Notebaert

Nexus Consulting

POWERBLOX

SPAH

KWADRANT

Behind SPAH are Hendrik Vermeire and Arne Notebaert. The same people are also behind Nexus Consulting and POWERBLOX. Arne Notebaert is also behind KWADRANT.

Directors

According to the 2026 annual accounts

Hendrik Vermeire

Director

Also active at: Nexus Consulting, POWERBLOX

since 2024

Arne Notebaert

Director

Also active at: Nexus Consulting, POWERBLOX, KWADRANT

since 2016

Establishments

Establishment units

Physical locations of this company

Registered office

Burggraaf H. de Spoelberchdreef 6

9831 Sint-Martens-Latem

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.

All companies at this address →

Nexus Consulting same network

€ 2,906 gross margin · 2025

Groep Nexus

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Shareholders according to the Official Gazette deeds

Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.

Incorporation

8 February 2006 Source: Deed ↗

Johan Jozef Yvonne POCKELE(oprichter) 100%

Details

Company number

0878.965.203

VAT number

BE 0878.965.203

Registered office

Burggraaf H. de Spoelberchdreef 6, 9831 Sint-Martens-Latem

Names & denominations

SPAH

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

27 January 2006

Peppol

Active · Active since 2 Oct 2025

Activities · NACE

Ontwikkeling van residentiële bouwprojecten

Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen

Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen

Ontwikkeling van niet-residentiële bouwprojecten

Organisatie van congressen en beurzen

Detailhandel in cultuur- en recreatieartikelen, neg

Detailhandel in nieuwe kunstvoorwerpen in gespecialiseerde winkels

View on CBE Public ↗ Annual accounts (NBB) ↗

SPAH

Warning lights

Financials

What happened to SPAH?

Management

Directors

Establishments

Establishment units

Who else lives here?

Shareholders according to the Official Gazette deeds

Details

Frequently asked questions